Identify the leading companies involved in the industry and their market shares.

Examine the structure of the market for UK Supermarkets.  To do this, you should.

Identify the leading companies involved in the industry and their market shares.

(2 marks)

Explain what kind of market structure UK Supermarkets operate in (e.g., monopolistic competition, monopoly, oligopoly, etc.), with supporting evidence.

(3 marks)

Compare and contrast the market structure with the three other market structures you have studied based on price, output and profit.

(6 marks)

Discuss major barriers to entry in UK supermarkets.

(4 marks